Public Open Space Contributions

Under the Subdivision Act 1988, Council may require a Public Open Space Contribution as a condition of a planning permit for subdivision. This contribution helps ensure that as communities grow, there is sufficient land and funding available to provide parks, playgrounds, reserves and other public open spaces for current and future residents.

The amount of the contribution is determined in accordance with the Subdivision Act 1988 and any relevant provisions of the Planning Scheme. In most cases, a contribution of up to 5% of the site value or equivalent land area is required.

These contributions are vital for maintaining liveable communities, supporting recreational opportunities, and protecting green spaces as the municipality develops.

Who is responsible for the valuation?

The Subdivision Act 1988 specifies that it is Council’s responsibility to obtain the valuation.

To align with the legislative requirements and ensure consistency, Council coordinates and provides the valuation directly for applicable subdivisions.

Rates valuation vs Independent valuation

The valuation provided by Council for determining the POS contribution is specifically tailored for planning purposes and is separate from the regular Council rates valuation. The Council valuation is conducted in accordance with the requirements of the Subdivision Act 1988.

Council-determined rates are based on a percentage of land value, while independent valuations use a more comprehensive approach, considering market data, comparable sales, and property characteristics.

Independent valuations offer more flexibility in assessing the value of a property, especially when factors like location, condition, or unique features are significant. Independent valuations generally cost more than council-determined rates but can be necessary to ensure fair and accurate assessments.